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Business

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Etihad Airways’ profit soars to $476 million ahead of IPO
Etihad profit more than triples to $476 million before expected IPO

DUBAI, U.A.E.: Etihad Airways saw its net profit soar to $476 million last year, more than tripling its earnings as the airline continues...

Apple unveils budget-friendly iPhone 16e with AI features
Apple launches $599 iPhone 16e, its version of budget AI

CUPERTINO, California: Apple is expanding its lineup with a new budget-friendly device, the iPhone 16e, aiming to attract cost-conscious...

Nikola Corp files for Chapter 11 bankruptcy amid EV industry struggles
Nikola goes bankrupt, to sell assets in the latest EV market turmoil

COOLIDGE, Arizona: Nikola Corporation has filed for Chapter 11 bankruptcy protection, marking another major collapse in the struggling...

Thames water secures legal lifeline, avoids collapse
Judge approves emergency plan to save utility Thames Water

LONDON, U.K.: A judge has approved an emergency financial plan to prevent Britain's largest water company, Thames Water, from collapsing,...

U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country's long-held policies, and the...

Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Middle East

Section
Etihad Airways’ profit soars to $476 million ahead of IPO
Etihad profit more than triples to $476 million before expected IPO

DUBAI, U.A.E.: Etihad Airways saw its net profit soar to $476 million last year, more than tripling its earnings as the airline continues...

Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

US Navy confirms collision of aircraft carrier near Egypt
US Navy aircraft carrier collides with merchant ship near Egypt

WASHINGTON, D.C.: The U.S. military operates 11 aircraft carriers, and any serious damage that forces one out of service could put...

Netanyahu says Israel won't allow Syrian forces 'south of Damascus'
Netanyahu says Israel won't allow Syrian forces 'south of Damascus'

Jerusalem —  Israeli Prime Minister Benjamin Netanyahu says Israel will not allow Syria's new army or the insurgent group that led...

Emir of Kuwait receives Tahnoon bin Zayed
Emir of Kuwait receives Tahnoon bin Zayed

KUWAIT CITY, 23rd February, 2025 (WAM) -- His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, received...

Washington, Kyiv near deal for Ukrainian critical minerals rights
Washington, Kyiv near deal for Ukrainian critical minerals rights

The United States and Ukraine said Sunday they are nearing an agreement for Kyiv to give Washington a large share of its rare earth...